May 2014
TIM HUDAK-DEFICIT SLAYER OR ECONOMY SLAYER
You have to give Tim Hudak credit. He is presenting Ontario voters with a very clear policy choice - choose austerity or choose growth.
On the one hand, there is the Conservative Party (PC), which would commit to eliminating the deficit in three years, through deep spending cuts, and on the other, there is the Liberal Party, which is expanding the budget in the short term but “targeting” for deficit elimination within four years.
Read MoreDEAR JOE, IS THERE A PLAN B
It has been just over a month since you were appointed Minister of Finance. Perhaps you are still getting over the “shock” of your appointment, or perhaps it doesn’t really matter, since Primer Minister Harper has always been the real Minister of Finance.
Read MoreMR. FLAHERTY WOULD BE HAPPY
Since 2010, the fiscal “Holy Grail” of the Conservative government has been the elimination of the deficit by 2015-16. Unfortunately, former Finance Minister Jim Flaherty gave his life to that goal. He understood and accepted the factors underlying the emergence of the largest deficit in Canadian history, but he disliked debt and he was absolutely committed to eliminating the deficit.
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